HomeCoinsCardstarter (CARDS)CSWAP Mining And Migration Incentives | by CardStarter | Oct, 2021

CSWAP Mining And Migration Incentives | by CardStarter | Oct, 2021

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Migration Incentives for LP Providers

The teams at CardStarter, Gero, and Charli3 have appreciated the ongoing support from our dedicated LP Providers since the inception of CSWAP mining. CSWAP is nearing 300,000,000 total tokens mined over the past 6 months, which means the mining phase of CSWAP incentives for LP providers is nearing completion.

Moving forward, we will be providing significant additional incentives for CARDS, Gero, and Charli3 LP providers that commit to migrating their liquidity to Cardano.

When migration to Cardano occurs, the final ADA native token received by CSWAP miners in return for the 300m originally mined CSWAP will be vested at 10% available upon migration, with the remaining 90% to be vested over a short period of time.

Moving Forward

What this means, is that those who lock into the migration will end up with a much higher amount of the final ADA native token immediately following migration.

The amount of tokens each locked LP provider receives is determined by the length of time locked and the average value of their CARDS, GERO, or C3 LP during that period. The pool will be divided at the time of migration.

When Does It Start?

If you have any questions, don’t hesitate to ask in our telegram.



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